Fitbit Files For $100M IPO

Fitbit just filed an S-1 declaring its plans to go public. The filing states that the fitness-tracking company aims to raise $100 million in its initial public offering (that number could change). It also says that Fitbit has sold 20.8 million devices total, with 10.9 million of them sold last year. Other details: Fitbit brought in $745.4 million in revenue last year, up from $271.1 million… Read More